The Top 10 Hottest Neighborhoods in Austin

2013 was "the best year ever" for Austin real estate, according to the Austin Board of Realtors, and 2014 is shaping up to have even higher home prices and just as consistent of a demand. But one thing has changed: the top 10 hottest neighborhoods in Austin are almost all first-timers on this list. Why the change?

"Housing demand is very strong throughout the entire Austin-area," says ABOR President Bill Evans. "However, many of the neighborhoods in Austin proper—especially in the center of town—are fully developed and have little housing inventory available. Conversely, neighborhoods in out-lying areas have a higher inventory of homes because there is more room for housing development in those areas."

From North Loop and Rosedale to Round Rock, Leander, Pflugerville and Cedar Park, here's a closer look at the fastest-growing communities in the capital city.

A note from the Editor: "This year’s rankings are based on the percentage increase of inventory sold in each neighborhood from February 2013 to February 2014 [Stats were provided by the Austin Board of Realtors]. Neighborhoods that usually top our list, such as Lakeway and Circle C, did not make the list this year simply because they don’t have as much available housing inventory—i.e. it’s pretty darn hard to score a house there. With Austin’s booming population and competitive real estate market, it makes sense that the neighborhoods where people are able to afford homes and actually make a buy are shifting as certain parts of town simply fill up."